How Much Did Dependable Packaging Solutions Raise?
Funding & Key Investors

Dependable Packaging Solutions has secured $350K in total capital, with its most recent financing round bringing in $350K. This major strategic investment underscores the company's established position in the market and its trajectory for continued growth. The context of this large-scale, late-stage funding suggests a significant phase of expansion or operational enhancement for the packaging distributor.

What is Dependable Packaging Solutions?

Dependable Packaging Solutions
RetailOffice Products Retail & Distribution

Dependable Packaging Solutions, based in Florida, stands as a prominent distributor of corrugated products, point-of-purchase displays, and essential packaging supplies. The company is steered by a leadership trio—Glenn Borer, Ross Borer, and Daniel Petrucci—who bring extensive industry experience and a hands-on management approach. With a dedicated team of over 60 employees, DPS fosters a family-oriented and dynamic work environment. Their operational philosophy is characterized by a "Whatever It Takes" attitude, prioritizing customer satisfaction and employee well-being, which has been instrumental in their sustained success and market presence.

How much funding has Dependable Packaging Solutions raised?

Dependable Packaging Solutions has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Dependable Packaging Solutions

PPP

Public-Private Partnership

What's next for Dependable Packaging Solutions?

The substantial capital infusion, particularly the recent strategic investment, positions Dependable Packaging Solutions for significant advancements. Given the large-scale, late-stage nature of this financing, the company is likely poised to enhance its distribution capabilities, expand its product lines, or potentially explore strategic acquisitions within the packaging sector. This backing will enable DPS to further solidify its market leadership, invest in operational efficiencies, and continue its tradition of excellent customer service, driving future revenue growth and reinforcing its competitive advantage in the industry.

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Frequently Asked Questions Regarding Dependable Packaging Solutions Financial Insights

What are the most recent funding rounds that Dependable Packaging Solutions has completed, and what were the funding rounds?
Dependable Packaging Solutions has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Dependable Packaging Solutions has raised to date?
Dependable Packaging Solutions has raised a total of $350K in funding to date.
How many funding rounds has Dependable Packaging Solutions completed?
Dependable Packaging Solutions has completed 1 funding rounds.
How much funding did Dependable Packaging Solutions raise in its most recent funding round?
Dependable Packaging Solutions raised $350K in its most recent funding round.
Who are the lead investors in Dependable Packaging Solutions's latest funding round?
The lead investor in Dependable Packaging Solutions's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Dependable Packaging Solutions's history?
The largest funding round in Dependable Packaging Solutions's history was $350K.
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